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22 global banks join Swift blockchain project

06 Jul 17 @ 14:45

Swift says that is has signed an additional 22 banks to its blockchain proof of concept (PoC). The project is designed to determine if blockchain technology can help banks reconcile... read more

Is mobile money a haven for money launderers?

05 Jul 17 @ 13:35

Is mobile money a haven for money launderers? There have been a number of developments in the international financial system in recent decades that have made finding, freezing and forfeiting... read more

ACH Transactions to top checks as top form of B2B payment by 2020

03 Jul 17 @ 09:33

According to a new survey conducted by Credit Research Foundation (CRF) in partnership with NACHA, credit and account receivables professionals anticipate that ACH transactions will surpass checks as the leading... read more

Five proven strategies to achieve cross-border e-commerce growth

27 Jun 17 @ 12:51

For many of today’s European e-commerce businesses, payments are perceived as a commodity. Forward thinking businesses are switching on to the potential of cross-border payments to drive competitive advantage, looking... read more

equensWorldline supports European Central Bank Instant Settlement initiative

27 Jun 17 @ 09:44

Worldline has announces that its subsidiary, equensWorldline SE, welcomes TIPS – the Instant Settlement service that was recently announced by the European Central Bank. equensWorldline will connect its European and... read more

WorldRemit partners Android Pay for mobile money P2P transfers

14 Jun 17 @ 15:57

WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts. Launching the global... read more

92% of FI’s surveyed ready to originate Same Day ACH debits

09 Jun 17 @ 12:28

NACHA—The Electronic Payments Association, the steward and rule maker of the ACH Network, has released results from a March-April 2017 qualitative survey of 24 financial institutions representing two-thirds of ACH... read more

Bitcoin Infograph – An insight on past events and what lies ahead

08 Jun 17 @ 09:34

Bitcoin is a cryptocurrency that operates independently without banking institutions and the government, there’s nothing physical about it – all virtual! It’s non-tangible, but renders gains for real. It flows... read more

Canadian trial finds blockchain not ready for interbank payment system

30 May 17 @ 10:53

Just a week after the R3 group took a record funding round, the Bank of Canada has said distributed ledger technology, a new approach for processing transactions that is being... read more

R3 CEV blockchain consortium raises $107 million from members

24 May 17 @ 17:04

Financial and technology companies led by Bank of America,SBI Holdings, HSBC, Intel and Temasek Holdings have invested $107 million in R3 CEV which runs a big bank consortium seeking to develop... read more

TransferWise to offer cost effective cross-border bank accounts

23 May 17 @ 12:57

TransferWise has extended its offering by launching a new service that takes it into the realms of looking more like a bank. For the first time, TransferWise will hold money on deposit for its... read more

25% drop in global correspondent banking relationships linked to de-risking

08 May 17 @ 12:13

Recent correspondent banking research has revealed that between 2009 and 2016, correspondent banking relationships, where one financial institution provides services on behalf of another in a different location to facilitate... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more